3 Marsh Towards a harmonized approach for National Space Legislation in Europe - Preamble - Liability considerations underlying the structure of space insurance (1/2) :  Liabilities between participants to a given space project:  Extensive inter party waivers of liability and hold harmless agreements are incorporated in the launch procurement contracts  Extensive inter party waivers of liability and hold harmless agreements are incorporated in the launch procurement contracts protecting sub-contractors all along the satellite and launcher contractual chains  Liabilities within the satellite procurement chain itself and liabilities within the launcher procurement chain are assumed by insurers to be dealt with contractually by way of waivers, indemnities and hold harmless agreements.
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